LNG project news

Sohar Port and Freezone and the Oman Arab Bank have signed a financing agreement worth US$220 million to support strategic expansion projects in the southern part of the port, including an LNG terminal.

UGI Energy Services, LLC has celebrated the commissioning of its new LNG facility with a ribbon-cutting ceremony at the site in Carlisle, Pennsylvania, the US.

The Ministry of Petroleum and Mineral Resources of Timor-Leste and Woodside Energy Ltd have announced the signing of a co-operation agreement to carry out studies and activities to mature a Timor-based LNG concept.

Golar LNG Limited has closed and drawn a new US$1.2 billion asset backed debt facility agreement with a consortium of banks for the refinancing of FLNG Gimi.

NextDecade Corporation has initiated the pre-filing process with the Federal Energy Regulatory Commission for expansion at Rio Grande LNG that includes a sixth liquefaction train and an additional marine berth.

As part of its investments, the International Finance Corporation, a member of the World Bank Group, will help Lebanon to develop an LNG-to-Power project.

Aramco has signed 17 memorandums of understanding and agreements with companies in the US, including agreements with MidOcean Energy and Commonwealth LNG relating to LNG projects.

Chiyoda International Corp. and McDermott, LLC have reached an agreement with Golden Pass LNG Terminal LLC regarding an amendment to the EPC contract to complete the project.

Prime Infrastructure Capital Inc. has reached the financial close of its P50-billion transaction to acquire and operate the gas assets of clean energy provider First Gen Corp. in Batangas City.

Venture Global, Inc. has filed its application for the permitting and approval of the Plaquemines LNG brownfield expansion project with the Federal Energy Regulatory Commission.